DSEX extends gains riding on banking shares
The benchmark index of the Dhaka Stock Exchange (DSE) closed the first week of the New Year high, extending gains for a third straight week. The market rally is driven by renewed buying interest in heavyweight banking stocks, as investors grew optimistic about the outlook for political stability and macroeconomic...
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Global equity funds snap three-week inflow streak
Global equity funds recorded their first weekly outflow in three weeks in the week through January 7 as investors trimmed risk on geopolitical concerns, US rate uncertainty and stretched valuations, especially in US stocks, reports Reuters.LSEG Lipper data showed that global investors withdrew a net $6.07 billion from equity funds,...
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Asian stocks mixed-
HONG KONG, Jan 9 (AFP): Asian markets were mixed Friday after a two-day stutter as traders look ahead to the release of crucial US jobs data and a possible Supreme Court ruling on Donald Trump's sweeping global tariffs.A Beijing report on rising Chinese consumer prices and Chinese AI startup MiniMax's...
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South Korea to open FX market round the clock-
SEOUL, Jan 9 (Reuters): South Korea said on Friday it will open up its currency market to allow 24-hour trading starting in July, further removing restrictions on onshore trading in a bid to win an upgrade to developed-market status, the finance ministry said.After experiencing capital flight during the Asian Financial...
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Singapore-Nasdaq link draws interest, but liquidity, threshold may limit growth
SINGAPORE, Jan 9 (Reuters): A Singaporean initiative to boost the IPO market with a fast-track route to a Nasdaq dual listing has garnered a warm response from potential issuers, though bankers caution thin liquidity and a high valuation requirement could limit take-up.The initiative, announced on November 19, will let companies...
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